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Listed price in listed location currency (USD).
$7,340

000

MLS® 20251029408

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Lease
Size 3391 sqft
Garage No
Date Available 
Days Active 149
Approx. Age 1902
MLS® Number 20251029408

Property Address: 127 W University Dr, Rochester, MI, 48307-1940

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to be part of Downtown Rochester and have ideal exposure to the Greater Rochester community. Totally updated throughout in 2015, this two-story building is located in the heart of downtown Rochester facing both University and Walnut Street. Rochester Public parking structure is conveniently located next to the building. Currently used for an insurance company, this facility is also designed for any kind of office environment. Perfect for insurance, financial planning and financial services, real estate, title company, property mgmt., service-related businesses -- the list of opportunities is endless. Lease is a triple net lease with monthly rent at $7340/mo. With annual cost of living increases, plus $2, 115/mo. Which inc. The following expenses: snow and grass care, insurance, property taxes, exterior maintenance. Tenant can pay these expenses, or owner/landlord will collect the $2, 115/mo. With the monthly rent and pay the expenses. Preferred lease term is a minimum of 36-60 months. Tenant pays all utilities. Building has 2 floors with 2 furnaces and zoned heat. First floor is 1950 sq. Ft. And 2nd floor is 1441 sq. Ft. First floor includes the following: 5 private offices, men & women's bathrooms, 2 conference rooms, kitchen, receptionist area, 22x13 common area for additional work stations. Second floor includes: 4 offices with room for multiple workstations in each, 1 bathroom, 16x16 common area with fireplace for waiting rm./clients, receptionist/additional workstations or conference rm. Building has welcoming 39x8 composite covered porch with handicap ramp. There are very few buildings in Rochester that have been renovated to the extent of this building and also offer the public exposure every business owner desires. Building is currently 100% leased and will be available for occupancy to the new tenant on April 1, 2026.
MLS® Number20251029408
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1902
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Leased YetSold Price

For Rent

Aug 22, 2025List Date
$7,340List Price
  • Commute

Commute

Starting Address
Destination Address
127 W University Dr, Rochester, MI

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